#BTOpinion: Strategic benefits for CDL from its in specie distribution of CDLHT units

In today's #HockLockSiew, BT's Kalpana Rashiwala notes, with regard to the much more generous payout of distribution in specie for FY2021 (31.1 cents per share compared with 12 cents in FY2020), that a few sceptics view this as CDL offloading its holdings in entities it is less than fond of.

But she argues that the move is actually more strategic, and may really have more positives than negatives.

Here's what she has to say: https://bt.sg/3frL